Hedging Transactions and Derivative Financial Instruments (Details) - USD ($)
|
3 Months Ended |
9 Months Ended |
|
|
Sep. 27, 2019 |
Sep. 28, 2018 |
Sep. 27, 2019 |
Sep. 28, 2018 |
Jan. 01, 2019 |
Dec. 31, 2018 |
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Maximum Length of Time Hedged in Cash Flow Hedge |
|
|
3 years
|
|
|
|
| Gains (losses) on net investment hedges arising during the period |
$ 489,000,000
|
$ 59,000,000
|
$ 486,000,000
|
$ 353,000,000
|
|
|
| Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
(1,000,000)
|
25,000,000
|
(100,000,000)
|
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(62,000,000)
|
59,000,000
|
(165,000,000)
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
2,000,000
|
0
|
|
|
|
| Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
6,000,000
|
3,000,000
|
10,000,000
|
(7,000,000)
|
|
|
| Long-term Debt [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Amount of Hedged Item |
13,091
|
|
13,091
|
|
|
$ 8,043
|
| Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) |
710
|
|
710
|
|
|
62
|
| Foreign currency contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
7,833,000,000
|
|
7,833,000,000
|
|
|
3,175,000,000
|
| Commodity contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
2,000,000
|
|
2,000,000
|
|
|
9,000,000
|
| Cross Currency Swap | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
3,028,000,000
|
|
3,028,000,000
|
|
|
3,028,000,000
|
| Interest Rate Swap [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
12,655,000,000
|
|
12,655,000,000
|
|
|
8,023,000,000
|
| Designated as Hedging Instrument [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
878,000,000
|
|
878,000,000
|
|
|
245,000,000
|
| Derivative instruments, liabilities, fair value |
74,000,000
|
|
74,000,000
|
|
|
75,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
80,000,000
|
|
80,000,000
|
|
|
43,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
103,000,000
|
|
103,000,000
|
|
|
114,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
38,000,000
|
|
38,000,000
|
|
|
19,000,000
|
| Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
36,000,000
|
|
36,000,000
|
|
|
15,000,000
|
| Designated as Hedging Instrument [Member] | Commodity contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
0
|
|
0
|
|
|
1,000,000
|
| Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
695,000,000
|
|
695,000,000
|
|
|
88,000,000
|
| Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
0
|
|
0
|
|
|
40,000,000
|
| Not Designated as Hedging Instrument [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(55,000,000)
|
67,000,000
|
(27,000,000)
|
(25,000,000)
|
|
|
| Derivative instruments, assets, fair value |
65,000,000
|
|
65,000,000
|
|
|
70,000,000
|
| Derivative instruments, liabilities, fair value |
101,000,000
|
|
101,000,000
|
|
|
160,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
4,655,000,000
|
|
4,655,000,000
|
|
|
10,939,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
52,000,000
|
|
52,000,000
|
|
|
61,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
33,000,000
|
|
33,000,000
|
|
|
101,000,000
|
| Not Designated as Hedging Instrument [Member] | Foreign currency contracts | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
4,000,000
|
|
4,000,000
|
|
|
0
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Notional Amount |
552,000,000
|
|
552,000,000
|
|
|
373,000,000
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
1,000,000
|
|
1,000,000
|
|
|
2,000,000
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
60,000,000
|
|
60,000,000
|
|
|
38,000,000
|
| Not Designated as Hedging Instrument [Member] | Commodity contracts | Other Liabilities |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
4,000,000
|
|
4,000,000
|
|
|
8,000,000
|
| Not Designated as Hedging Instrument [Member] | Other derivative instruments | Prepaid expenses and other assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
10,000,000
|
|
10,000,000
|
|
|
7,000,000
|
| Not Designated as Hedging Instrument [Member] | Other derivative instruments | Other Assets |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, assets, fair value |
2,000,000
|
|
2,000,000
|
|
|
0
|
| Not Designated as Hedging Instrument [Member] | Other derivative instruments | Accounts payable and accrued expenses |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative instruments, liabilities, fair value |
0
|
|
0
|
|
|
$ 13,000,000
|
| Net operating revenues | Foreign currency contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
71,000,000
|
2,000,000
|
44,000,000
|
10,000,000
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(5,000,000)
|
43,000,000
|
2,000,000
|
97,000,000
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
0
|
0
|
1,000,000
|
|
|
| Net operating revenues | Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
15,000,000
|
8,000,000
|
2,000,000
|
34,000,000
|
|
|
| Other Income (loss) - net | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
0
|
0
|
|
|
| Other Income (loss) - net | Foreign currency contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
(46,000,000)
|
20,000,000
|
(99,000,000)
|
46,000,000
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(46,000,000)
|
23,000,000
|
(139,000,000)
|
3,000,000
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
2,000,000
|
0
|
4,000,000
|
|
|
| Other Income (loss) - net | Foreign currency contracts | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
0
|
(6,000,000)
|
|
|
| Other Income (loss) - net | Available-for-sale Securities [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
0
|
6,000,000
|
|
|
| Other Income (loss) - net | Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(21,000,000)
|
29,000,000
|
(46,000,000)
|
(87,000,000)
|
|
|
| Other Income (loss) - net | Not Designated as Hedging Instrument [Member] | Other derivative instruments |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
5,000,000
|
0
|
39,000,000
|
0
|
|
|
| Income from Discontinued Operations [Member] | Commodity contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
|
|
|
91,000,000
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
|
|
|
70,000,000
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
|
|
|
(11,000,000)
|
|
|
| Cost of goods sold | Foreign currency contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
3,000,000
|
3,000,000
|
1,000,000
|
13,000,000
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
2,000,000
|
4,000,000
|
9,000,000
|
5,000,000
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
0
|
0
|
(3,000,000)
|
|
|
| Cost of goods sold | Commodity contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
1,000,000
|
|
1,000,000
|
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
0
|
|
0
|
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
|
0
|
|
|
|
| Cost of goods sold | Commodity [Member] | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
|
|
|
0
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
|
|
|
0
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
|
|
|
(5,000,000)
|
|
|
| Cost of goods sold | Not Designated as Hedging Instrument [Member] | Foreign currency contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
2,000,000
|
9,000,000
|
4,000,000
|
3,000,000
|
|
|
| Cost of goods sold | Not Designated as Hedging Instrument [Member] | Commodity contracts |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(60,000,000)
|
3,000,000
|
(58,000,000)
|
15,000,000
|
|
|
| Selling, general and administrative expenses | Not Designated as Hedging Instrument [Member] | Other derivative instruments |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
4,000,000
|
18,000,000
|
32,000,000
|
11,000,000
|
|
|
| Interest Expense [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
6,000,000
|
3,000,000
|
10,000,000
|
(7,000,000)
|
|
|
| Interest Expense [Member] | Foreign currency contracts | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
0
|
0
|
0
|
0
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(3,000,000)
|
(2,000,000)
|
(7,000,000)
|
(6,000,000)
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
0
|
0
|
0
|
|
|
| Interest Expense [Member] | Interest Rate Contract [Member] | Cash Flow Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax |
(30,000,000)
|
0
|
(47,000,000)
|
22,000,000
|
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(10,000,000)
|
(9,000,000)
|
(30,000,000)
|
(29,000,000)
|
|
|
| Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net |
0
|
0
|
|
(8,000,000)
|
|
|
| Interest Expense [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
206,000,000
|
(38,000,000)
|
647,000,000
|
(57,000,000)
|
|
|
| Interest Expense [Member] | Fixed-rate debt | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
$ (200,000,000)
|
$ 41,000,000
|
(637,000,000)
|
50,000,000
|
|
|
| Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Contract [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
|
|
$ 0
|
$ (1,000,000)
|
|
|
| Accounting Standards Update 2017-12 [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
$ (12,000,000)
|
|
| Accounting Standards Update 2017-12 [Member] | Long-term Debt [Member] | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
24,000,000
|
|
| Accounting Standards Update 2017-12 [Member] | Reinvested Earnings |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
6,000,000
|
|
| Accounting Standards Update 2017-12 [Member] | Reinvested Earnings | Fair Value Hedging [Member] |
|
|
|
|
|
|
| Fair Value, Derivatives Designated and Not Designated as Hedges |
|
|
|
|
|
|
| Cumulative Effect of New Accounting Principle in Period of Adoption |
|
|
|
|
$ (18,000,000)
|
|